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(CONFIPET) Confidence Petro complete technical analysis [charts+indicators] | Buy/Sell Confidence Petro | (CONFIPET) share price targets

Complete technical analysis of Confidence Petro (CONFIPET) by charts plus indicators, forecast predictions and share price targets for Confidence Petro (CONFIPET)

Showing technical analysis as on 2025-05-12 View latest technical analysis

10 day averaged volume of Confidence Petro is 351067

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	53.30	52.00	53.75	51.51	1.01 times
09 Fri May 2025	50.45	48.25	50.94	48.25	1.004 times
08 Thu May 2025	50.57	50.32	52.51	49.90	1.242 times
07 Wed May 2025	50.55	50.00	51.77	49.78	1.132 times
06 Tue May 2025	50.66	52.59	52.86	50.21	0.734 times
05 Mon May 2025	52.51	52.00	52.85	51.06	0.803 times
02 Fri May 2025	51.62	52.00	52.64	51.30	0.622 times
30 Wed Apr 2025	51.68	53.50	53.54	51.27	1.324 times
29 Tue Apr 2025	53.68	54.05	54.90	53.50	0.716 times
28 Mon Apr 2025	53.71	54.02	54.82	53.15	1.083 times

My analysis of stock is bullish for shortterm, and stock might move up till 55.6 or till 58.4. Use a stoploss of 53.23 and if this stock hits its stoploss, then it can fall down till 50.9

Share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Target	46.05
Downside Target	48.25
Downside Target	51.27
Upside Target	54.90
Upside Target	55.05
Upside Target	57.40
Upside Target	59.20
Upside Target	65.35
Upside Target	68.99
Upside Target	77.49

Intraday share price targets for Confidence Petro (CONFIPET)

Target Type	Value
Downside Intraday Target	51.96
Downside Intraday Target	50.61
Upside Intraday Target	54.2
Upside Intraday Target	55.09
Downside Intraday Target	52.85

Weekly technical analysis of Confidence Petro (CONFIPET)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	53.30	52.00	53.75	51.51	0.205 times
09 Fri May 2025	50.45	52.00	52.86	48.25	1.313 times
02 Fri May 2025	51.62	54.02	54.90	51.27	0.404 times
25 Fri Apr 2025	54.02	55.55	59.20	53.10	1.066 times
17 Thu Apr 2025	55.22	52.40	57.40	52.01	1.201 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Confidence Petro (CONFIPET)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Mon May 2025	53.30	52.00	53.75	48.25	0.167 times
30 Wed Apr 2025	51.68	46.95	59.20	46.75	0.781 times
28 Fri Mar 2025	46.92	52.89	55.05	46.05	2.27 times
28 Fri Feb 2025	52.72	66.98	68.99	52.20	0.738 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Confidence Petro (CONFIPET)

Price action analysis of Confidence Petro ( (CONFIPET) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Confidence Petro ( (CONFIPET) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Confidence Petro ( (CONFIPET) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Confidence Petro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Confidence Petro in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Confidence Petro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Confidence Petro in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Confidence Petro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.81 and Confidence Petro (CONFIPET) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Confidence Petro (CONFIPET) stock. Volume based technical analysis of Confidence Petro (CONFIPET) stock is negative.

Confidence Petro Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.